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Casual & Fine Dining

Fat Brands is introducing a new tri-branded snack concept for growth.

Fat Brands recently announced the opening of its first tri-branded restaurant in Roanoke, Texas, featuring Great American Cookies, Marble Slab Creamery, and Pretzelmaker. This move is part of the company's strategy to capitalize on the growing interest in snacking occasions among consumers. The concept...

Chipotle makes investment in company producing plant-based meat made from duckweed

Chipotle Mexican Grill recently announced investments in two innovative ventures aimed at addressing the environmental impact of meat production. The restaurant chain's venture fund, Cultivate Next, made a minority investment in CH4 Global, a company working on technology to reduce methane emissions from cattle...

Starbucks changes open-door policy to enhance coffeehouse vibe

Starbucks is implementing changes to its open-door policy, requiring customers to make a purchase in order to hang out in its coffee shops or use its bathrooms. The company announced this reversal of policy in a letter to store managers and above, with the...

Bartaco elevates president to CEO position

Anthony Valletta has recently been promoted to CEO of Bartaco, a popular restaurant chain with over 30 locations. Valletta brings over 20 years of experience in the hospitality sector, with previous leadership roles at Mina Group, Del Frisco’s, and Darden Restaurants. The announcement of...

McDonald’s will close 3 CosMc’s locations and open 2 new ones

McDonald's has revamped its development strategy for its beverage-focused concept, CosMc's, by closing three larger locations that were previously remodeled into CosMc's. The company plans to open two smaller CosMc's locations in Texas this year, with a specific focus on drive-thru and digital experiences....

Private equity firm acquires controlling interest in Rita’s Italian Ice

Maple Park Capital Partners has acquired a majority stake in Rita’s Italian Ice & Frozen Custard, as announced in a recent press release. The financial details of the transaction have not been disclosed. This partnership is expected to facilitate Rita’s growth and expansion through...